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Thursday, 19 June 2014

Morning Summary, Market Synopsis: 19th June, 2014


Volatility ruled the roost in late trade as fresh selling derailed an intraday recovery triggered in mid-afternoon trade on positive European stocks. As per provisional closing, the S&P BSE Sensex was down 320.75 points or 1.26% to 25,200.44, CNX Nifty was down 89.30 points or 1.17% to 7,542.40. The index hit a high of 7,663 in intraday trade, its highest level since 13 June 2014.

The market breadth, indicating the overall health of the market was negative, in Nifty50 stocks the advances to declines stands at 10 advances to 40 declines. Barring CNX Pharma & Media, all sectors traded on NSE closed in the red.
Photo: Morning Market Update: 
Volatility ruled the roost in late trade as fresh selling derailed an intraday recovery triggered in mid-afternoon trade on positive European stocks. As per provisional closing, the S&P BSE Sensex was down 320.75 points or 1.26% to 25,200.44, CNX Nifty was down 89.30 points or 1.17% to 7,542.40. The index hit a high of 7,663 in intraday trade, its highest level since 13 June 2014.
 
The market breadth, indicating the overall health of the market was negative, in Nifty50 stocks the advances to declines stands at 10 advances to 40 declines. Barring CNX Pharma & Media, all sectors traded on NSE closed in the red.

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